Unit 4 Managing 2 1. H.R.M. 2. Change 3. Accounting 4. Insurance and Tax 5.

Finance

To outline the differences between managing a household and managing a business To explain the importance of finance, insurance and tax implications for business; To identify activities common to managing a business and a household, including completion of relevant forms; To understand the similarities and differences between these activities in a household context and in a business context. To calculate and interpret the main profitability and liquidity ratios and debt/equity. To explain the key functions of human resource management. To explain the changing role of a manager from controller to facilitator. To understand the importance of employee participation To understand how technology changes the role of management. To understand the relationship between employers and employees and the role of trade unions. To understand the central role of human resources in management (HL); To identify the strategies for managing change (HL) To discuss the importance of total quality management (HL) To understand the importance of accountancy and business data in the monitoring of the business enterprise (HL).

Teacher instruction Discussion and Brainstorming Evaluation of theory Illustration of theory with real life examples to reinforce learning Group work identification of Key Points Mind maps Peer assessment of Homework Use of Weebly as a Visual Learning Environment: Electronic Notes for note making Presentations YouTube clips Analysis of websites such as 1. www.citizensinformation.ie 2. www.revenue.ie 3. www.accountingweb.com 4. www.change-management.com 5. www.clevernotes.ie 6. www.humanresources.about.com 7. www.makeadentleadership.com Links to relevant media such as www.rte.ie www.thejournal.ie www.independent.ie

Homework activities may include: Textbook Chapter 9 Exercises Chapter 10 Exercises Chapter 11 Exercises Chapter 12 Exercises Chapter 13 Exercises Other Past Exam Paper Questions Creation of Mind-maps for key points and key steps Oral questioning Case Study analysis Note Making from Weebly Analysis of YouTube Clip to illustrate theory relevance Summary of relevant website Summary of media article/news clip

1. 2. 3.

Assessment may include: 1. Oral assessment of main points 2. Written assessment in class 3. A.O.L. Assessment 4. Peer assessment of class tests 5. Self-Evaluation of homework